KloudGin, a Sunnyvale, Calif.-based provider of AI cloud-based field service and asset management solutions, closed an $8.2m Series A funding round.
Cloud Apps Capital Partners provided the funding. In conjunction with the funding, Andy Stinnes, Venture Partner of Cloud Apps Capital Partners, will join KloudGin’s board of directors.
The funding will be used to accelerate the company’s growth and support digital transformation and customer experience in verticals such as energy and utilities, telecom, oil and gas, manufacturing, and other industrial and commercial service markets.
Founded by a group of former Oracle executives and led by Vikram Takru, CEO, KloudGin is a provider of in field service management and asset management solutions, providing a Single Face of Work that connects customers, workers, operations to the business. Customers include California Water Service, Municipal Gas Authority of Georgia, Madison Gas & Electric, Hawaiian Telcom, TETRA Technologies, Sony Interactive Entertainment, among others. Partners and sell-through channels include enterprise and mid-market VARs, consultants and vendors including EY, Black & Veatch, PwC, Infosys, HCL, Sage Intacct.